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US multifamily for-rent housing starts remained elevated with a market share of rental units at 96% during Q1 2023; average square footage of multifamily construction starts has also ticked up to 1,065 sq. ft.: NAHB
Published: May 26, 2023 by National Association of Home Builders (NAHB)
RBC Capital: April US housing data viewed as neutral, with housing starts in line with estimates, permits lag slightly, and homebuilder confidence rises; current forecast is for 1.195 million housing starts in 2023, including 750,000 single family homes
Published: May 22, 2023 by RBC Capital Markets LLC
Total US custom building starts down 22% year-over-year to 36,000 in Q1; custom housing starts totaled 204,000 units over last four quarters, unchanged from prior four-quarter period: NAHB
Published: May 22, 2023 by National Association of Home Builders (NAHB)
CIBC: US housing starts in April meet expectations, up 2% month-over-month, and building permits also meet estimate, but down 2%; builder confidence gains despite building material supply chain disruptions, but gains supported by lack of resale inventory
Published: May 19, 2023 by CIBC World Markets Inc.
Privately‐owned US April housing starts at seasonally adjusted annual rate of 1,401,000, up 2.2% from revised March level, down 22.3% annually; building permits fell 21.1% annually to 1,416,000, completions up 1.0% to 1,375,000: Dept. of Commerce
Published: May 17, 2023 by U.S. Dept. of Commerce

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